Oregon Diminished Value

Diminished Value In Oregon

Diminished Value (DV) is the loss in market value that occurs when a vehicle is wrecked and repaired. A reasonable consumer will not pay the same price for a wrecked, then repaired vehicle, as they will for a vehicle with no accident history. Even if the repairs were done well, the vehicle will still lose value.

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Oregon Diminished Value Claims

Oregon is a diminished value state, which means you may be entitled to the diminished value of your vehicle after an auto accident. The statute of limitation on diminished value claims in Oregon is 6 years, and Oregon does have uninsured motorist coverage for diminished value. You can't submit a Oregon diminished value claim if you were the at-fault party in an accident, or if the damage was caused by something other than a collision. You can see if you qualify for a diminished value claim by filling in the claim review form below.

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I just wanted to say thank you for your work on my diminished value claim. As you may remember, at no fault of my own I was recently participant to an accident involving my BMW. The damages totaled $12,000. Although the car was repaired flawlessly and to my complete satisfaction; it nevertheless suffered a great loss in marketability due to the damage history. The insurance company offered me an initial Read more